Things to consider when setting up Cash Management

Before you start processing bank transactions, cash receipt deposits, and bank fund transfers, you must consider your Currency, General Ledger, and Cash Management structures.

Setup Requirements For details, see
Currency (CU)

You are required to set up only one currency code unless you operate with multiple currencies. If you use multiple currencies, then you must define these:

  • Currency exchange relationships

  • Currency exchange rates

 Currency User Guide
General Ledger (GL) You must set up the General Ledger application or General Ledger subset before you set up and use the Cash Management application. You will need to define at least one general ledger company and the accounts you will to post to. General Ledger User Guide
Cash Management (CB)

As part of your required setup, you must define these:

  • At least one bank

  • The bank account(s) at each bank

  • A relationship between your general ledger company and each bank account

  • Each bank transaction you will require, such as payments, deposits, or transfers

  • Each payment format you will use, such as checks or electronic files

If you are using Cross Border Payments, then you must define these:

  • A payment category (ies)

  • A charge code(s)

  • A payment form code(s)

 Setting up Cash Management
Cash Management (optional)

If you are planning to transfer cash between accounts or if you want to record cash receipts, then you must define these:

  • A bank transfer table for cash codes

  • A cash deposit process level(s)

  • A cash receipt category(ies)

 Setting up bank transfers and cash receipts